HACK VC is a liquid venture fund on the blockchain. HACK is the Ethereum-based token issued to HACK VC investors. Hackers/Founders (H/F) is an organization that has been investing in top startups through an expansive global network.
H/F’s portfolio of fifty-five technology startup companies has produced seven exits in only five years, including acquisitions by Facebook and Cisco. Hackers/Founders (H/F) created HACK VC to bring its successful approach to the blockchain, increasing accessibility and liquidity for investors.
Traditional startup investors can only realize gains when a company is purchased or goes public. Liquidity events, such as acquisitions or IPOs, rarely happen in Silicon Valley, and even less so elsewhere. As a result, investors seldom profit, and have to wait approximately a decade to find out if they made a good investment decision. However, HACK VC is liquid. Investors in HACK VC can buy, sell and trade tokens in a fund that derives value from H/F’s pool of well-performing startups.
Hackers/Founders manages a portfolio of post-product stage tech companies, and provides services in exchange for equity. Equity is combined into funds and offered to investors. H/F’s four funds have yielded seven exits in five years. H/F launched its first tech entrepreneur group in Silicon Valley, and over the past decade, the community has grown to over 300,000 people in 128 cities and 47 countries. This unique network is key to H/F’s ongoing access to high-quality startups for its portfolio.
Why HACK VC?
HACK VC uses blockchain technology to make startup investing available to people around the world and who are at all levels of investing. Those who want to get involved in supporting tech startups can do so without having a high income. The cost of 1 HACK token is $1 USD, and during the token sale, this minimum gains the holder entry into the fund. Also, investors can profit from startups that, up to now, would have been neglected because they are located in areas of the globe that are harder to reach due to regulations, markets, and other factors. Because blockchain technology is decentralized, capital which might have been left on the table can now be used to increase value for investors.
HACK VC also offers risk diversification. Up to now, it has been nearly impossible to get exposure to a diversified portfolio of startup equity without having a great deal of wealth. Most importantly, HACK VC is liquid, and offers investors the ability to realize gains without having to wait a decade. Hackers/Founders, creator of HACK VC, has run a proprietary startup program that yielded growth of 30% year over year for the past five years, and has had seven exits out of fifty-five companies from around the world. In addition, the team will be contributing $1 Million of stock from existing H/F Fund 1–4.
HOW HACK VC WORKS?
HACK VC uses blockchain technology to form startup investments offered to folks everywhere the planet and WHO area unit in any respect levels of investment. Those that wish to urge concerned in supporting school startup will pair while not high financial gain. The price of one HACK token is $1 USD, and through the token sale, this minimum gain goes into the fund. Additionally, investors will have the benefit of beginners WHO area unit currently abandoned as a result of they’re in an exceedingly tough world to succeed in due to laws, markets, and different factors. Attributable to the localized blockchain technology, the capital which will be left on the table will currently be accustomed increase the worth for investors.
HACK VC conjointly offers risk diversification. Until now, it had been nearly not possible to realize exposure to distributed startup equity portfolios while not abundant wealth. Most significantly, HACK VC could be a liquid, and offers investors the power to understand profit while not having to attend a decade. Hacker / Founder, creator of HACK VC, has run a proprietary startup program that generates half-hour year-over-year growth over the last 5 years, and already has seven out of 55 firms from round the world. Additionally, the team can present $1 Million of shares from the present H / F Fund 1–4.
HACK VC TOKEN
HACK may be a new Ethereal based mostly token issued by HACK VC, and may be bought, sold-out and listed through the web exchange as a liquid dealing.
HACK is predicated on the ERC223 protocol. ERC223 solves issues with ERC20 standards whereas remaining compatible with ERC20 compatible wallets. HACK may be a tradable digital token that may be used for participation, illustration, proof of membership in H / F or alternative acceptable functions. KrowdMentor, a strategic investment and informatory firm that empowers investors, funds, startups and blocked entrepreneurs, develops the token. KrowdMentor additionally provides good contract development, good contract management system and through alternative consultative roles to support HACK VC.
For more information, please visit the official website: https://hack.hf.cx/